Shabani Bagai
Monday, January 7, 2008 (New Delhi):
Healthcare has become a major private equity play and with a few select large players in the industry like Fortis, the investor line is long.
NDTV has learnt that none other than private equity (PE) major Temasek Holdings is the front runner for a stake in the company. No wonder the stock is at its all time high and the key trigger could be Temasek buying into the company.
Temasek is in talks with Fortis to pick up a 10 per cent stake. The deal value is not yet known but going by the current market price it is likely to be at least Rs 250 crore.
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